Group Account Preparation for Financial Consolidation (3AF)

Group Account Preparation for Financial Consolidation (3AF)

This scope item supports group account preparation for external consolidation or reporting purposes. This is not needed for SAP S/4HANA Cloud for group reporting.

SAP provides the group chart of accounts YGR1 and links it to YCOA and the standard group accounts. The customer can renumber the group account ID via the renumbering tool or maintain them manually in the system. They can then maintain the mapping between YGR1 and YCOA accounts manually.

Key Process Steps Covered

  • Adjust the group account
  • Maintain the group account assignment

Benefits

  • Support the customer case of group account enablement for external consolidation

Additional Information

  • This scope item is excluded from the default activation

This scope item is excluded from standard scope as this functionality may open the field group account, which is assigned mandatorily to the operational accounts. It should be only requested if the customer wants to implement group account maintenance for external consolidation or other reporting purposes.


Where is Group Account Preparation for Financial Consolidation(3AF) being used?

This Scope item is used in the following way:

  • As a support function of Advanced Accounting and Financial Close within Finance Scope Item Group

Process flow of Group Account Preparation for Financial Consolidation (3AF)

Find below the process flow of the scope item Group Account Preparation for Financial Consolidation as it is defined for release s4hc-2111.


Download Process Flow of Best Practice scenario Group Account Preparation for Financial Consolidation (3AF) - S/4HANA Cloud
Ref: Finance of SAP S4HC-2111
Best Practices related to S/4HANA*1) Yearly Updates are released per September of each year
*2) The Quarterly updates are released per Februari, May, August and November
Details of future releases can be found in the SAP Roadmap section of each product. Go to SAP Roadmap Product Finder.
Knowledge Center Scheer Nederland | The Process Experts Visit also the SAP Cloud ERP knowledge center of Scheer Netherlands. The following topics are covered:
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